Brazilian carrier Gol has recently announced the appointment of Julien Pascal Francois Imbert as its new chief financial officer (CFO) and investor relations officer. This comes after the departure of former CFO Eduardo Lee Gotilla in April, who had held the position for only 10 months.

Imbert’s career has primarily focused on implementing operational efficiency programs. He has spent 18 years at Boston Consulting Group, where he established and led the operations practice in Brazil. He has also worked for a prominent audit company and served as a flight controls engineer at Dassault Aviation.

In May, Gol received approval for its financial restructuring plan from the US Bankruptcy Court for the Southern District of New York, successfully emerging from Chapter 11 bankruptcy in June. As part of its turnaround strategy, the airline secured $1. 9 billion in exit financing and concessions packages worth $1. 1 billion from aircraft lessors.

The decision to file for bankruptcy protection in January 2024 was prompted by Gol’s heavy debt burden and the ongoing delays in receiving its 737 Max deliveries. However, the airline has since made a strong recovery, with a significant increase in passenger capacity in the first quarter of 2024.

Gol, based in Rio de Janeiro, is one of Brazil’s leading airlines, operating a large fleet of aircraft and serving various domestic and international destinations. With Imbert now at the helm as CFO and investor relations officer, the company aims to continue its growth and success in the aviation industry.